Audi overtakes BMW as India's top-selling premium brandMay 18, 2013 06:01 CET  Audi has overtaken BMW as India's top seller of luxury vehicles, and Audi executives say the success is due to the automaker's rapid expansion outside large urban centers, as well as the Q3 SUV introduced last year.... Read More »
BRADFORD WERNLE In the Land of Many Buicks, one in particular stood out 3:59 pm U.S. ET | May 17, 2013  If you were an alien from another world and your spaceship landed in Shanghai, you would immediately conclude that Buick is a planetary titan among automotive brands.... Read More »
In boost to GM and VW, China resumes incentives for foreign auto investment 12:01 am U.S. ET | May 17, 2013  A surprise policy shift in China is expected to give a boost to GM, Volkswagen Group and other foreign automakers planning to expand in the world's largest car market.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China salesMay 17, 2013 06:01 CET  Daimler CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
VW Group sales increase 7% in AprilMay 17, 2013 12:06 CET  Volkswagen Group's global monthly sales picked up pace again in April after growing at their slowest rate in more than three years a month earlier. VW Group said on Friday that deliveries to customers rose 7 percent to 784,600 vehicles last month.... Read More »
VW, GM, others get unexpected boost in ChinaMay 17, 2013 06:01 CET  A surprise policy shift in China is expected to give a boost to VW Group, GM and other foreign automakers planning to expand in the world's largest car market.... Read More »
Ford to shift Fiesta output to Thailand from Mexico, report says 4:07 pm U.S. ET | May 16, 2013  Ford, moving to ease production constraints in North America, plans to shift output of the Fiesta subcompact from Mexico to Thailand in 2016, The Detroit News reported today.... Read More »
ANALYSIS New S class key to boosting Mercedes profit margins, China sales 9:00 am U.S. ET | May 16, 2013  Daimler AG CEO Dieter Zetsche was leaning back in the rear seat of a prototype Mercedes-Benz S-class sedan in 2010 when he realized it didn't recline far enough.... Read More »
Volkswagen starts construction of 300,000-vehicle plant in ChinaMay 16, 2013 09:04 CET  Volkswagen has begun construction of a new factory in Changsha, China, with an annual capacity of 300,000 vehicles, the company said in a statement today. The plant is one of seven factories being built by the company as it seeks to expand annual capacity in China to 4 million vehicles by 2018 in order to meet growing demand.... Read More »
Renault expects 5% dip for European car marketMay 16, 2013 09:34 CET  Renault expects the European car market to shrink 5 percent this year over last year, Chief Operating Officer Carlos Tavares said. The French carmaker foresees the European market being "slightly better" in the remaining three quarters of this year than the first three months, when European market sales fell 10 percent after a "very poor performance," Tavares said.... Read More »
DOUGLAS A. BOLDUC Is the S in the new Mercedes S class for Shanghai? 12:01 am U.S. ET | May 15, 2013  The new Mercedes-Benz S class made its world premiere today in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for nearly half of all S-class sales from 2010-2012.... Read More »
DOUGLAS A. BOLDUC Is the S in the new Mercedes S class for Shanghai? 12:01 am U.S. ET | May 15, 2013  The new Mercedes-Benz S class makes its world premier today in Hamburg, Germany, but Shanghai might have been more appropriate. Why? China accounted for nearly half of all S-class sales from 2010-2012.... Read More »
Volkswagen said to favor China's FAW for budget brandMay 14, 2013 15:34 CET  Volkswagen favors launching a planned budget brand in China with local joint-venture partner FAW, sources said. VW aims to introduce the low-cost marque in about three years and may eventually expand it to more than one model.... Read More »
Audi sales in China exceed BMW, Mercedes on demand for SUVsMay 14, 2013 11:04 CET  Audi saw the fastest sales growth among German premium marques in China last month after deliveries rose 13 percent to 38,710 vehicles in China and Hong Kong, the company said today. BMW, the world's largest premium automaker, reported an 11 percent gain in core-brand sales to 30,311 units, while Mercedes-Benz said brand sales increased 11 percent to 16,241 units.... Read More »
BMW invests 3 billion euros in EVs, report saysMay 13, 2013 12:00 CET  BMW will invest 3 billion euros through the end of this year on the development of its lineup of electric vehicles, funding the "i" subbrand with earnings from its booming business in China, a German business newspaper reported.... Read More »
China is a learning lab for Lincoln 12:01 am U.S. ET | May 13, 2013  Lincoln is studying the habits of luxury shoppers at Shanghai's luxury malls for new ideas in customer service that eventually could find their way back to U.S. dealerships.... Read More »
Falling yen lifts outlook for Japanese 12:01 am U.S. ET | May 13, 2013 For five years, a rising yen undermined Japanese automakers' profits. Now the currency's sudden weakening has delivered dramatic gains, especially in the January-March quarter.... Read More »
Toyota: N.A. to fuel biggest profits in 6 years 12:01 am U.S. ET | May 13, 2013 Toyota Motor Corp. expects North America to be its fastest-growing market this fiscal year, driving the company to its highest profits since the global financial crisis.... Read More »
Mazda problem solver Kogai gets a new job: CEO 12:01 am U.S. ET | May 13, 2013  After Japan's devastating March 2011 earthquake and tsunami, Mazda Motor Corp. CEO Takashi Yamanouchi needed someone to sort out and reinforce the carmaker's shattered supply chain and production system. He chose Masamichi Kogai, a manufacturing and purchasing specialist. Now, Kogai, 58, is getting a new assignment: Run the whole company.... Read More »
First Saab-based model released by Beijing AutoMay 11, 2013 16:04 CET Beijing Automotive Group, which makes vehicles with Daimler and Hyundai, started selling its first sedan based on Saab technology as it prepares to list its BAIC Motor Corp. unit in Hong Kong.... Read More »
VW confirms report it will build factory in Changsa, ChinaMay 11, 2013 18:46 CET  VW Group has confirmed a German newspaper report that said it will build a factory with an annual capacity of 300,000 vehicles in Changsa, Hunan province, China.... Read More »
Airbag supplier Takata names first foreign presidentMay 10, 2013 19:25 CET  Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »
Hyundai mulls 4th China plant, vice chairman says 2:31 am U.S. ET | May 10, 2013  Hyundai Motor is considering building a fourth car plant in China, its vice chairman said today, as the company seeks to increase production overseas to counter the effect of a firm local currency, a falling yen, and labor issues.... Read More »
Airbag supplier Takata names first foreign president 1:25 pm U.S. ET | May 10, 2013  Japan's Takata, reeling from its role in a global airbag recall, said today it will replace its president with Swiss national Stefan Stocker, the first foreigner in the post.... Read More »
Renault-Nissan parts warehouse in India nearly destroyed by fireMay 10, 2013 06:01 CET A major warehouse supplying parts to a Renault-Nissan plant in India was almost destroyed by fire early on Thursday, but the incident is unlikely to affect alliance operations in the country, Nissan said today.... Read More »
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